The International Monetary Fund forecasts a moderate economic growth of 5.5% for Asia in 2024, driven by a rebound in private consumption and investment in China and India.
Nikkei Asia reports that the Asian Development Bank has downgraded its economic growth forecast for Asia to 4.8% in 2024, citing global headwinds and trade tensions.
A research paper by the Brookings Institution analyzes the impact of global economic trends on Asia's growth prospects in 2024, highlighting the need for policymakers to address rising debt and inequality.
Bloomberg Economics forecasts that Asia's economy will grow by 5.2% in 2024, driven by a strong rebound in the technology sector and improving trade relations with the US.
The World Bank's East Asia and Pacific Economic Update reports that the region's economic growth is expected to slow to 5.0% in 2024, due to a decline in exports and investment.
Deloitte's 2024 Asia Economic Outlook report highlights the opportunities and challenges facing businesses in the region, including the impact of digitalization and sustainable development.
CNBC reports that economists at Goldman Sachs have upgraded their economic growth forecast for Asia to 5.5% in 2024, citing a strong recovery in China's economy and improving business sentiment.
A video lecture by Chatham House explores the long-term economic trends shaping Asia's future, including the impact of climate change, demographics, and technological innovation on the region's growth prospects in 2024.